The National Student Financial Aid Scheme (NSFAS) continues to provide essential support to thousands of South African students through tuition coverage and monthly allowances. These allowances are disbursed in 10 instalments, typically from February to November, with no payments made in December or January.
As the academic year moves into June 2025, NSFAS has confirmed how allowances will be paid and what students need to do to receive their funds on time.
How NSFAS Allowance Payments Will Work in June 2025
For TVET College Students:
- Allowances will be paid directly into personal bank accounts
- Students must ensure their banking details are updated on the myNSFAS portal
- NSFAS has urged colleges to assist new students in opening bank accounts
“The allowance payment method for TVET College students remains personal bank accounts,” NSFAS confirmed.
This direct deposit approach has been in place since 2024 and is expected to streamline payment processes and reduce delays.
For University Students:
While NSFAS had originally planned to implement a direct payment system for universities in 2025, this rollout has been postponed due to an ongoing court case.
- University students will continue receiving allowances through their institutions
- Each university has its own disbursement schedule, so students should consult their financial aid office for exact dates
“Students are advised to consult their institution to determine when and how they will receive their allowances,” said NSFAS.
How to Upload or Update Banking Details for NSFAS (TVET Students Only)
If you’re a TVET student funded by NSFAS and have registered successfully, follow these steps to upload your banking details:
- Go to the myNSFAS portal
- Log in using your myNSFAS username and password
- Click on “Bank Account Details” under the “Profile Information” section
- Enter your bank name, branch code, and account number
- Click “Save” to submit your updated details
✅ Make sure the account is in your own name, as payments will not be processed to third-party accounts.
Avoiding Payment Delays in June 2025
To ensure your NSFAS allowance is paid on time in June 2025:
- Confirm that your registration data has been submitted by your institution
- Ensure your personal and banking details on the myNSFAS portal are accurate
- Keep an eye on NSFAS communications and your university or college’s announcements
Final Word
As NSFAS continues to improve its systems and navigate legal hurdles, students must take proactive steps to ensure they receive their June 2025 allowances without issues. Whether you’re at a TVET College or university, staying informed and maintaining accurate details on the myNSFAS portal is key.
For more information and official updates, visit: https://www.nsfas.org.za